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Energy bills could rise by almost £150 as 11 fixed dual fuel tariffs expire in November

05 November 2015

11 fixed tariffs end on 30 November, which could see household energy bills increase by £149.48 (15.58%) on average if customers don’t shop around*

  • 11 fixed dual fuel tariffs expire on Monday 30 November.
  • Households on an expiring tariff face an average £149.48 (15.58%) rise if they are rolled onto their supplier’s variable tariff.
  • British Gas, Extra Energy, First Utility, Npower, Sainsbury’s Energy & Scottish Power have tariffs that are due to end.
  • Extra Energy customers will see the largest average rise of £198.49 (21.32%).**

Customers who fail to shop around could find themselves £149.48 out of pocket when 11 fixed dual-fuel deals expire at the end of the month. Gocompare.com Energy has found that households on the affected tariffs could face an average rise of 15.58% on their annual energy bill if they let themselves get automatically rolled onto their supplier’s standard tariff.

Energy suppliers British Gas, Npower, Scottish Power, First Utility, Extra Energy and Sainsbury’s Energy all have dual-fuel tariffs that are set to end on Monday 30 November. When these tariffs expire, customers will automatically be transferred to the suppliers’ standard variable tariffs, which are on average £149.58 (15.58%) more expensive than the fixed deals customers are currently on.

Extra Energy customers on the Fresh Fixed Price November 2015 v3 tariffwill see the biggest average increase at the end of the month. Customers on the tariff could see an annual rise of up to £198.49 (21.32%) if they let themselves get rolled onto Extra Energy’s Variable Price v1 standardtariff.

Impact of tariffs coming to an end on Monday 30 November (based on a medium user – 3,100 kWh of electricity and 12,500 kWh of gas per year – paying by monthly direct debit and averaged across all UK regions):

Supplier

Tariff coming to an end

End

date

Dual fuel?

Annual

cost

Annual cost of standard tariff

Difference

(£ and %)

British Gas

Fixed Price November 2015

30/11/15

Yes

£1,021.80

£1,100.92

£79.12 (7.74%)

Extra Energy

Fresh Fixed Price Nov 2015 v1

30/11/15

Yes

£942.27

£1,129.51

£187.24

(19.87%)

Extra Energy

Bright Fixed Price Nov 2015 v1

30/11/15

Yes

£967.14

£1,129.51

£162.37 (16.79%)

Extra Energy

Fresh Fixed Price Nov 2015 v2

30/11/15

Yes

£938.65

£1,129.51

£190.86 (20.33%)

Extra Energy

Fresh Fixed Price Nov 2015 v3

30/11/15

Yes

£931.02

£1,129.51

£198.49 (21.32%)

First Utility

iSave Fixed v35 November 2015

30/11/15

Yes

£932.13

£1,084.26

£152.13 (14.03%)

iSupply Energy

iFix (pre 19th September 2015)

30/11/15

No

£436.48

£496.79

£60.31 13.82%

Extra Energy

Fresh Fixed Price October 2015 v2

30/11/15

Yes

£943.43

£1,129.51

£186.08 (19.72%)

First Utility

iSave Fixed v30 October 2015

30/11/15

Yes

£944.99

£1,084.26

£139.27 (14.74%)

iSupply Energy

iFix (pre 21st Nov 2014)

30/11/15

No

£437.45

£496.79

£59.34 13.56%

Npower

Online Price Fix November 2015

30/11/15

Yes

£953.40

£1,109.65

£156.25 (16.39%)

Sainsbury’s Energy

Fixed Price November 2015

30/11/15

Yes

£957.93

£1,100.92

£142.99 (12.99%)

Scottish Power

Online Fixed Price Energy November 2015

30/11/15

Yes

£1,000.06

£1,113.25

£113.19 (11.32%)



Tom Lewis, energy spokesperson at Gocompare.com, said: “With so many competitive fixed tariffs available at the moment, if you’ve been with your existing energy supplier for a year or more, then it’s highly unlikely you’re getting the best possible deal.

“As colder weather starts to creep in, energy usage typically goes up around this time of year, making it particularly important to consider the cost of your energy. While we might think of putting on an extra jumper, one of the best ways to help cut your energy bills is to regularly shop around and compare providers.

”Comparing energy tariffs only takes a few minutes to do, and with potential savings of up £291*** to be had, it could be time well spent this November.”

Top ten cheapest dual fuel tariffs

Supplier

Tariff

Tariff Type

Annual cost

Early exit fees

GB Energy Supply

Premium Energy Saver

Variable

£799

None

Extra Energy

Fresh Fixed Price Dec 2016 v6

Fixed

£831

£25 per fuel

First Utility

iSave Fixed December 2016 v5

Fixed

£832

£30 per fuel

Flow Energy

Connect 3

Fixed

£836

£30 per fuel

Extra Energy

Clear Fixed Price Dec 2016 v3

Fixed

£843

£25 per fuel

GnERGY

Fixed November 2016 v1

Fixed

£849

£25 per fuel

OVO Energy

Better Energy Fixed (All Online)

Fixed

£857

None

Extra Energy

Bright Fixed Price Dec 2016 v3

Fixed

£858

£25 per fuel

Green Star Energy

Rate Saver 12 Month Fixed 2510

Fixed

£859

£30 per fuel

Robin Hood Energy

Robin Hood Energy Prime

Fixed

£859

None



Based on dual fuel, payment by monthly direct debit, averaged across all UK regions and for households with an annual energy usage of 12,500kWh gas and 3,100kWh electricity (medium user). Excludes collective tariffs. Correct as of 04/11/2015.

For more information on switching energy providers see Gocompare.com's energy guide.

- ENDS -

Notes to editors:

*Average increase across all UK regions and across all tariffs coming to an end on 30 November 2015 where the standard tariff is more expensive than the fixed deal is £149.48 (15.58%)

** Based on a medium user – 3,100 kWh of electricity and 12,500 kWh of gas per year – paying by monthly direct debit, average across all UK regions. Customers on the Extra Energy Fresh Fixed Price November 2015 v3 will see a £198.49 (21.32%). rise when they are moved from their current tariffs, which have an annual average cost of £931.02 to Extra Energy’s standard variable tariff which has an average cost of £1,129.51.

***At least 51% of customers who received a price for switching energy supplier for both gas and electricity with Gocompare.com saved £291 or more - based on customers who provided their energy usage and received a price for switching energy supplier for both gas and electricity (dual fuel) using Gocompare.com during 01 Apr - 30 Jun 2015”